We have a nice little bearish CTS (Combined Technical Score) setup happening here on the JPN225 with price action currently trading at a previous level of structure resistance.
On the higher timeframe we already have a double top, with the RSI overbought & showing bearish divergence & on the lower timeframe we have the same setting up with the added bonus of an at market bearish Cypher pattern.
*We also take a look at why it's important to use the CORRECT pattern drawing tool when looking at Cypher patterns.
Please leave your questions & comments below & remember to show that rocket some LOVE!
Your Trading Coach - Akil
On the higher timeframe we already have a double top, with the RSI overbought & showing bearish divergence & on the lower timeframe we have the same setting up with the added bonus of an at market bearish Cypher pattern.
*We also take a look at why it's important to use the CORRECT pattern drawing tool when looking at Cypher patterns.
Please leave your questions & comments below & remember to show that rocket some LOVE!
Your Trading Coach - Akil
DAILY TRADING TIPS
youtube.com/akilstokes
Check Out My TOP-RATED Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
youtube.com/akilstokes
Check Out My TOP-RATED Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
DAILY TRADING TIPS
youtube.com/akilstokes
Check Out My TOP-RATED Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
youtube.com/akilstokes
Check Out My TOP-RATED Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.